Category: Economics

Question: Which of the following statements regarding National Programme on High Efficiency Solar PV Modules are correct?a) National Programme on High Efficiency Solar PV Modules is a production linked incentive scheme (PLI) in Renewable energy […]

Question: On 7th April 2021, Reserve Bank of India (RBI) has announced its bimonthly policy review. What is current Repo Rate as per the review?a)4%b) 3%c)5%d) none of the aboveAns: aContext On April 7, 2021, […]

Question: In its latest World Economic Outlook report, International Monetary Fund (IMF) has upgraded the growth forecast of India for financial year 2021-22. What is the new forecast of India’s growth?a) 11.5%b)12.5%c)13.5%d) 15%Ans: bContext IMF […]

Question : Which organization has launched a marketplace for Non-Fungible Tokens (NFT) for Indian market?a) SBIb) Policy Bazarc) Paytmd) WazirXAns: dContext WazirX which is a Binance owned cryptocurrency exchange has launched a marketplace for Non-Fungible […]

Question: As per the National Savings Institute which state is second highest contributor in small saving schemes?a) West Bengalb) Uttar Pradeshc) Madhya Pradeshd) Tamil NaduAns: bFacts According to data released by National Institute of Saving […]

Question :Consider the following statements-a)As per the UK based payments system company ACI India has the highest number of real-time online transactions in 2020.b) Among the top 10 countries, the US was ranked ninth with […]

Question : Which organization published the “ECONOMIC & SOCIAL SURVEY OF ASIA – PACIFIC, 2021” report ?(a) UN ESCAP(b) UNCTAD(c) World Bank(d) IMFAns.(a) UN ESCAP published the “ECONOMIC & SOCIAL SURVEY OF ASIA – PACIFIC, […]

Question: What is India’s rank in terms of World’s largest foreign exchange reserve country?(a) Fourth(b) Fifth(c) Third(d) SixthAnswer: (a)Related facts: In March 2021, India surpassed Russia, becoming the world’s fourth-largest foreign exchange reserve country. The […]

Question : In March 2021, Fitch Ratings upgraded India’s growth forecast for the next financial year 2021-22 to what percent ?(a) 12.8 %(b) 11.0 %(c) 13.8 %(d) 6.5 %Ans.(a)Related facts In March 2021, Fitch Ratings […]